Project Pilot - Hotel Investment Opportunity Trading as Hampton by Hilton London Luton Airport

42-50 Kimpton Rd, Luton, LU2 0NB, UK

Description

JLL Hotels & Hospitality Group as the sole and exclusive advisor is pleased to offer for sale the Hotel Investment Opportunity Trading as Hampton by Hilton London Luton Airport (the 'property,' Hotel' or 'Project Pilot'). The purpose-built internationally branded hotel provides 188 bedrooms and benefits from a strategic location in close proximity to London Luton Airport in a market poised for continued growth.

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Attributes

Keys

188

Tenure

Leasehold

Parking spaces

270

Tenants

Suite of offices

Media

Investment Highlights

Purpose-built 188-bedroom internationally branded hotel
Strategically positioned within one mile of London Luton Airport and adjacent to the Luton DART system (Direct-Air-Rail-Transit)
Comprehensive amenities including an on-site restaurant, 232sqm conference space, 24-hour fitness centre and parking
Two floors of flexible office space generating annual income of c.£266,000
Extensive on-site car parking for up to 270 cars.
Major £100m redevelopment currently transforming the airport to expand passenger numbers to 32 million annually
Available with the benefit of a Hotel Management Agreement with a globally renowned brand and distribution platform
Long Leasehold 300-year term (286 years remaining)
EPC rating B